Shopping Complex Business Plan Methodology In Research Proposal
Even this business is very much successful in Tier 2, Tier 3 cities and small towns.If you have a good location with sufficient space, you can build a shopping mall.And we can expect a significant growth in the shopping mall business throughout the country.Generally, shopping malls offer a comfortable and luxury shopping experience. A mall generally, attracts a specific class of audience.Many early shopping arcades such as the Burlington Arcade in London, the Galleria Vittorio Emanuele II in Milan, and numerous arcades in Paris are famous and still trading.
It is advisable to talk to a small business expert before entering the business.Additionally, a mall offers a lot of activities and means of entertainments.Apart from the shopping, it offers movies, games plaza, banquet hall, food court and enormous events throughout the year.The entire process starts with the market research and ends with marketing and maintenance.Additionally, it also depends on the location and size of the mall.
However, there are a lot of other factors that you must consider.